Last week he gave us one of the most relevant news of summer: the US government I was negotiating with Intel The possibility of acquiring a 10% participation in the company. Most of the decisions made by administration since Donald Trump returned to the White House On January 20, it pursues a single objective: the American semiconductor industry must be strengthened and independent.
Intel is the biggest manufacturer of US chips, so allowing its fall is not an option for the government. This precept has triggered the end we could foresee: as we told you yesterday, finally USA has bought 10% of Intel To save her from burning. The US administration has entered the shareholders, but has promised to have no decision -making power. A priori seems great news for this company, but it might not be so favorable. Intel herself has recognized it a few hours ago.
Your sales abroad and access to future grants are in danger
Lip-bu Tan, the general director of Intel, secure in a video Published by the US Department of Commerce that the entry into the shareholders of the Government Company is positive: “I do not need the subsidy, but I trust that the US government will finally be our shareholder.” This executive made this statement before closing the agreement with the Administration, but just a few hours after formalizing this Intel treatment recognized, as they have collected Reuters and CNBCthat government entry into the company can harm your business abroad and limit access to future government subsidies.
The US market is very important for Intel, but the international is much more. In 2024 76% of your income proceeded from Sales outside the USand curiously, China contributed nothing less than 29% of its total income. And it is that of the 53,100 million dollars that this company entered last year no less than 15,400 million arrived from China. These figures reflect very clearly how important the country led by Xi Jinping for Intel is. And also how sensitive it is to the geopolitical context.
During the fiscal year of 2024, 29% of Intel’s billing came from China
In fact, SANCTIONS TO CHINA That the US government has deployed during the last three years have prevented this veteran company from selling its most advanced chips to its Chinese clients. Nvidia, AMD, Broadcom or Qualcomm has happened to them, but Intel is at a very delicate moment. Of the economic crisis facing We have spoken in depth In other articles. And, in addition, it can be aggravated by the commercial war that the US and China is currently.
Chinese chip designers and manufacturers are capable of supply your own market with Mature chips that appliance manufacturers, telecommunications or cars equipment need, among other industries. However, many users, research centers and universities in China continue to use software for X86 and X86-64 processors, so at the moment they cannot do without the CPUs designed to execute it.
Intel is currently benefiting from this need. And it is that China is promoting the demand for its oldest microprocessors for personal computers and servers. The US government entry into the company’s shareholders can degrade the confidence that both China and other countries in Intel products have, which in practice would trigger that their sales abroad come out. And, as we have seen, they are a fundamental pillar for this company. This is precisely what Intel has anticipated its investors in anticipation of a possible varapalo in its international business.
Image | Intel
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